Professional Documents
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Notes On Deed of Sale of Motor Vehicle
Notes On Deed of Sale of Motor Vehicle
It should indicate the details of the MV such as make, color, body type, plate number, model, and engine number.
Besides that, a deed of sale should include personal details of the seller such as the full name, marital status,
address, and how much the vehicle should be sold. Moreover, details about the buyer such as full name and
address will also be written in the document and signed by both parties. Finally, this should be notarized by a
lawyer.
Legally, buyers are required to register the MV at the Land Transportation Office (LTO) once it changes ownership.
BILL OF SALE
I, __(seller)__, of legal age, residing at ________________, for and in consideration of the sum of
_________________ PESOS (P__________), Philippine currency, to me paid by__(buyer)__, also legal age and residing
at _______________, receipt whereof is hereby acknowledged, do hereby SELL and CONVEY unto the said __(buyer)__,
his heirs and assigns, the following property:
(Description of Property)
I further covenant with the said __(seller)__ that I own and have the right to sell and transfer the title and
ownership of the abovedescribed property; I will defend the same against the claims of any and all persons whatsoever.
IN WITNESS WHEREOF, I have hereunto set my hand this ____ day of __________, 2007, ____________,
Philippines.
_________________
(Vendor)
__________________
__________________
ACKNOWLEDGMENT